New Horizon Aircraft director reports no HOVR shares

Form 3 for New Horizon Aircraft (HOVR) identifies Hearne Thomas Joseph as a director, with no reported holdings or insider trades.

Available on EDGAR 09/14/2026 - 09:06 AM EDT Accepted by SEC EDGAR 09/14/2026 - 09:05 AM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

New Horizon Aircraft Ltd. (HOVR) has a new initial insider ownership report from director Hearne Thomas Joseph on Form 3. The report lists him as a director but shows no insider transactions or derivative positions and includes a reference to an Exhibit 24.1 Power of Attorney.

Key Terms

Form 3, Power of Attorney

2 terms

Form 3 regulatory

"Initial statement of beneficial ownership on Form 3"

Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.

Power of Attorney regulatory

"remarks include “Ex. 24.1 - Power of Attorney”"

A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does this Form 3 for HOVR report about Hearne Thomas Joseph?

The Form 3 identifies Hearne Thomas Joseph as a director of New Horizon Aircraft Ltd. (HOVR). It is an initial statement of beneficial ownership and does not list any equity holdings or transactions.

Does Hearne Thomas Joseph report any share ownership in HOVR on this Form 3?

No. The Form 3 for New Horizon Aircraft Ltd. (HOVR) shows no reported holdings of company securities for director Hearne Thomas Joseph in the data provided.

Are any insider trades disclosed for HOVR in this Form 3 filing?

No. The insider data show no reported transactions: buy, sell, acquisition, disposition, gifts, or derivative exercises are all recorded as zero for this initial Form 3.

What role does Hearne Thomas Joseph have at New Horizon Aircraft Ltd. (HOVR)?

The Form 3 lists Hearne Thomas Joseph as a director of New Horizon Aircraft Ltd. (HOVR). He is not reported as an officer or ten percent owner in this report.

What is the Power of Attorney reference in this HOVR Form 3?

The remarks section notes “Ex. 24.1 - Power of Attorney,” indicating that a Power of Attorney document is associated with this Form 3, authorizing someone to act on the reporting person’s behalf for this reporting.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Hearne Thomas Joseph

(Last) (First) (Middle)

C/O NEW HORIZON AIRCRAFT LTD.

3187 HIGHWAY 35

(Street)

LINDSAY A6 K9V 4R1

(City) (State) (Zip)

BRITISH COLUMBIA, CANADA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
09/04/2026

3. Issuer Name and Ticker or Trading Symbol
New Horizon Aircraft Ltd. [ HOVR ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

Ex. 24.1 - Power of Attorney

No securities are beneficially owned.

	/s/ Nelson Mullins Riley & Scarborough LLP, Attorney-in-Fact	09/14/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)